Average asking prices nudged even closer to the £250,000 line, raising the prospect that soon the standard amount of stamp duty paid will be three per cent instead of one per cent.
Fewer sellers are dropping their price than at any stage in the last three years, with the average reduction standing at just 6.1 per cent.
House prices continued their slow ascension over the last three months, picking up by 1.3 per cent according to the Halifax house price index.
Prices of new-builds are rising quicker than for older homes, increasing by 12 per cent over the last five years.
House prices remained static in March, according to the latest Land Registry figures, although most of the positive growth is centred in London.
Asking prices are at their highest ever level for April, hitting an average of £244,706, new statistics from Rightmove reveal.
House prices trickled upwards in the first three months of 2013, rising by 1.2 per cent according to the Halifax house price index.
House prices were unchanged between February and March, according to Nationwide's seasonally adjusted figures.
Negative equity is the bane of 630,000 families in the UK, leaving them trapped in their homes and unable to deal with crippling debt.
Momentum is "building" in the property market, says Rightmove director Miles Shipside, as the property portal shows the highest ever new seller asking prices for March.
Average house prices are now just one per cent off their February peak in 2008, as values continue their stuttering ascent.
House prices rose 1.9 per cent between December 2012 and February 2013, the third consecutive three-monthly increase.
Young people are being denied the opportunities enjoyed by their parents and grandparents, a study by the Chartered Institute of Housing (CIH) suggests.
House prices continued their slow rise in February, with the Nationwide index recording a 0.2 per cent increase.
House prices rose one per cent during January, according to the latest data from the Land Registry.
A surprisingly high number of homes have been sold at a loss since 2007, pointing to a new reality for the housing market.
Activity in the property market is picking up, with the Halifax house price index showing sales at their highest level for five years.
House prices rose by 0.5 per cent in January, according to the latest data from the Nationwide house price index.
First-time buyers' struggle to get on the property ladder is "taking a toll" on the market, causing a year-on-year fall in house prices.
Despite the snowy weather the property market appears to be thawing, with Rightmove reporting a 27 per cent increase in traffic over the first two weeks of January.
Lower house prices have increased mortgage affordability, meaning homeowners have more money in their pockets.
The perception that property prices will continue their spiral upwards continues, with 65 per cent of homeowners anticipating a price rise in the next six months.
Last year was the "most encouraging" for the housing market since the financial crisis, says a leading industry figure.
Tumbling house prices are reinvigorating the property market in Scotland, with sales up across Edinburgh, the Lothians and Fife.
It's about time for a rundown of some of the most poignant predictions for the 2013 housing market.
AQVA
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Bathrooms365
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Bespoke Kitchens
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Landlord Insurance
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Moroccan Bazaar
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MyStampDuty
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Oak Furniture Land
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Countryside Properties
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Rated People
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Residential Land
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Ryder International
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Simply Bedrooms
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Splash Direct
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Door Handles UK
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UK Flooring Direct
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Waltons
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Woodlands Furniture
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WowBBQ
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